I wish everyone watched this, there are so many people who simple don't know what's going on and are so angry at the government, they believe that the rich are getting richer and they will always get poorer. I was raised in a home like that and I look at other kids in college who have everything and waste it, now I too am angry. Its a viscous cycle.
Not once did this video discuss how banks were not allowed to do most of these practices until the mid-to-late 90's, because they were bad ideas we'd "learned not to do" after the great depression. Nobody points out the bad guys in Washington (Republicans at the time) who pushed these de-regulation ideas as part of their "pro-business" agenda. Instead, this video points the blame at the foolish sub-prime home owner, who before banks targeted them, weren't allowed to purchase homes this way.
everybody with a facebook needs to right now, copy/paste this link onto your page for all too see, ANY comprehended view counts and is a change in the long run. it wont be long before they too.. want to help educate the population of people in the dark.
good vid but the best disinfo is one that tells half the truth, it missed the part with the illuminati, new world order plan and the fact it was all orchestrated, nothing just happens out of thin air, you have to ask who actually won from this, the issue isn't just economical, it has become political
Brilliant video really. Bravo! it makes it really easy to understand
I just want to add something. You forgot to explain why homeowners couldn't pay their mortgages anymore...because the home owners were paying a floating interest rate on the mortgage contracts. The interest rates were low in the beginning(1% after september 11) but began to soar few years before the crisis
The one thing this is missing is the part where Barney Frank (with pressure from ACORN) put in regulations that REQUIRED banks to loan to people they absolutely knew could not afford the house they were buying.
Quite often people who had no business getting a home loan got one due to the politically correct policies that were put in place by Frank.
just as we currently allow. a replaying cycle of acceptance of an abusive, unsupportive money system. each one is required to take responsibility for this current allowance. equal money will be an actualization of support for every person born into this world.
its all because of GREED for money of some people who believed that money is their heaven... now money becomes their hell instead. hope these people stay there forever.
in a nut shell,GREED,some people cannot help themselve's,everyone is out to screw the nxt person (sweeping genaralisation of course!)and in a cash based society people are corrupted by and led by their OWN selfish greedy action's,personaly i understand how damaging money can be and this makes me responsible for my actions when using money,in fact if i had the choice then i would prefer a resource based econemy,chk jack fresco on self sustaining societies,we have to take responsibility more.
The fact is they're a bunch of thieving bastards who are addicted to gambling. How dare they assume the right to use other peoples money to line their own pockets and live the high life!? Low Life's!!!
I'd send them ALL to Boot Camp... Governments too for playing their part in this 'Smash & Grab'. Hang them or burn their Banks down to the Ground!!!
"When you have NOTHING to loss you have EVERYTHING to gain". Seems that's where we're heading. Here's hoping justice is served in abundance.
Kudos!
dpsixtyfive 1 month ago
Comment removed
farfleman1 3 months ago
"Where they buy AAA treasury bills, believed to be the safest"...
RatbagMC 5 months ago
By far the best explanation I found on Youtube. I will be sure to pass this along!
keriandcam 7 months ago
I wish everyone watched this, there are so many people who simple don't know what's going on and are so angry at the government, they believe that the rich are getting richer and they will always get poorer. I was raised in a home like that and I look at other kids in college who have everything and waste it, now I too am angry. Its a viscous cycle.
calebp9503 7 months ago
Absolutely Excellent! Clear and informative. Easy to understand. Please - never take this down. People will want to see this for a very long time.
insanecaine 8 months ago
Well done Jonathan!
raskolnikovfan 1 year ago
Not once did this video discuss how banks were not allowed to do most of these practices until the mid-to-late 90's, because they were bad ideas we'd "learned not to do" after the great depression. Nobody points out the bad guys in Washington (Republicans at the time) who pushed these de-regulation ideas as part of their "pro-business" agenda. Instead, this video points the blame at the foolish sub-prime home owner, who before banks targeted them, weren't allowed to purchase homes this way.
sevenbates 1 year ago 6
everybody with a facebook needs to right now, copy/paste this link onto your page for all too see, ANY comprehended view counts and is a change in the long run. it wont be long before they too.. want to help educate the population of people in the dark.
xNiggraxPleasex 1 year ago
It is a pity not enough people want to educate themselves
shahnassarr 1 year ago
very helpful thank you
TheDistilledMan 1 year ago
good vid but the best disinfo is one that tells half the truth, it missed the part with the illuminati, new world order plan and the fact it was all orchestrated, nothing just happens out of thin air, you have to ask who actually won from this, the issue isn't just economical, it has become political
EdgeUHF 1 year ago
That was flawless.
Zersenai 1 year ago
Brilliant video really. Bravo! it makes it really easy to understand
I just want to add something. You forgot to explain why homeowners couldn't pay their mortgages anymore...because the home owners were paying a floating interest rate on the mortgage contracts. The interest rates were low in the beginning(1% after september 11) but began to soar few years before the crisis
Masedrati 1 year ago
??? how can a someone with 10.000 USD borrow 990.000 USD. lerverage instrument yes or no, this is simple NONESENSE!
HermannManfredo 1 year ago
Bankrupt created by nerds who wants always more money
jdperini 1 year ago
Very well done. Thank you. You for hire?
raghuroopa 1 year ago
Watched the video twice and gotta say two things
1. Thank you so much, best video on youtube
2. It is a shame that only 14.688 people watched this video Such an important piece of knowledge and nobody cares :(
Yashyyyk 1 year ago
The one thing this is missing is the part where Barney Frank (with pressure from ACORN) put in regulations that REQUIRED banks to loan to people they absolutely knew could not afford the house they were buying.
Quite often people who had no business getting a home loan got one due to the politically correct policies that were put in place by Frank.
fusiondp 1 year ago
Great video! It shed light on the problem; now I understood the crisis more.
palht 1 year ago
great video
shmayy 1 year ago
awesome video, thanks!
adriandrum 1 year ago
just as we currently allow. a replaying cycle of acceptance of an abusive, unsupportive money system. each one is required to take responsibility for this current allowance. equal money will be an actualization of support for every person born into this world.
resolveitall 1 year ago
This is a great video.. wow. Very crystal clear.
GenghisSeanMonster 1 year ago
Fantastic, explained so simply and effectively, thank you so much... we need to take personal responsibility for our money system.
MatthewSforcina 1 year ago
excellent video. 10 minutes well spent. thank you for sharing this. I learned a ton!
overidonTV 1 year ago
Awesome and very informative!!!
prabin632 2 years ago
is it greed ? But of who?
Wolfje777 2 years ago
Note the key bit at the beginning where they artificially modify rates even further. More emphasis should be put on statist intervention.
ArgPanchito 2 years ago 4
money is a powerful thing
fluffyiscool009 2 years ago
Simply BRILLIANT !!
NothingSoStrange 2 years ago 16
its all because of GREED for money of some people who believed that money is their heaven... now money becomes their hell instead. hope these people stay there forever.
epujadik 2 years ago
i agree with you.. money is the root of all evil...
aparach 2 years ago
@aparach Money is necessary in a modern society, it's the LOVE of Money is the root of all evil.
gofishmon 1 year ago
amazing video
wie11benjij 2 years ago
in a nut shell,GREED,some people cannot help themselve's,everyone is out to screw the nxt person (sweeping genaralisation of course!)and in a cash based society people are corrupted by and led by their OWN selfish greedy action's,personaly i understand how damaging money can be and this makes me responsible for my actions when using money,in fact if i had the choice then i would prefer a resource based econemy,chk jack fresco on self sustaining societies,we have to take responsibility more.
leonski35 2 years ago
The fact is they're a bunch of thieving bastards who are addicted to gambling. How dare they assume the right to use other peoples money to line their own pockets and live the high life!? Low Life's!!!
I'd send them ALL to Boot Camp... Governments too for playing their part in this 'Smash & Grab'. Hang them or burn their Banks down to the Ground!!!
"When you have NOTHING to loss you have EVERYTHING to gain". Seems that's where we're heading. Here's hoping justice is served in abundance.
noworldorder555 2 years ago
GOOD VIDEO
DQuale 2 years ago 3
thank you, just a great video
vegaofusa 2 years ago 3